Connecticut-based AQR Capital Management has implemented Fidessa's Sentinel pre- and post-trade solution to automate its trade compliance management across all business lines.
With over $90.2 billion in assets under management, AQR will leverage Sentinel to streamline workflows and improve order validation speed. The solution also features a real-time rules engine that will help AQR keep pace with new regulatory developments.
"These are trying times for asset managers," says Megan Costello, president of Fidessa's North American buy-side business. "They face heightened levels of market complexity and unprecedented waves of new regulation, all while under pressure to reduce costs in a world of shrinking margins. For a sophisticated, high-volume quantitative shops such as AQR, an engine that could automate compliance and validate orders with speed across a range of different asset classes was something they thought only Fidessa could provide."
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails